UBS Q4 Profit Jumps 55% to $1.19 B; Forecasts Gold at $5,900
UBS reported Q4 2025 net profit of $1.19 billion, up from $770 million a year earlier, driven by Global Wealth Management, Asset Management and Investment Bank divisions despite a slight decline in total assets. UBS research projects gold prices to reach $5,900 per ounce by year-end, citing Federal Reserve easing and sovereign buying.
1. Q4 2025 Financial Results
UBS delivered net profit attributable to shareholders of $1.19 billion in the fourth quarter of 2025, a 55% increase from $770 million in the prior-year period. Growth was fueled by strong performances in Global Wealth Management, Asset Management and the Investment Bank, while total assets edged down due to portfolio rebalancing and market movements.
2. Gold Price Forecast
UBS analysts project gold will reach $5,900 per ounce by the end of 2026, forecasting substantial upside from current levels. The outlook is based on anticipated Federal Reserve interest-rate cuts and elevated sovereign demand, which UBS believes will support a sustained rally in precious metals.